Mexico to seek euros and yen after dollar success
Recently upgraded Mexico will return to euros and Japanese yen to raise the next batches of its external funding after Thursday’s successful first outing of 2014 in dollars, according to the sovereign’s public credit director.
And after expressing his delight at the result of the sovereign’s first trade of 2014, Alejandro Díaz de León, director of public credit in Mexico’s finance ministry, said Mexico could make another dollar outing this year too.
Baa1/BBB/BBB+ rated Mexico has a gross financing need of $6bn
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